Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

NEW YORK, NY--(Marketwired - December 11, 2015) - The role of internal audit as the third line of defense is a vital position with increasing pressure and complexity in what internal audit must now ...

The AICPA Auditing Standards Board’s (ASB’s) plans to finalize a new risk assessment standard at its August meeting should be welcome news for many practitioners. Risk assessment is a fundamental ...

The term "risk assessment" is thrown around early and often in ethics and compliance circles, but it often is hard to define what it means and what should be included in an ethics and compliance risk ...

Sometimes disasters can’t be averted, but they can still be recovered from. Planning for the worst keeps the impact to a minimum Few businesses are able to effectively function when IT systems fail, ...